Renesas Electronics Reports Financial Results for the Year Ended March 31, 2016

11 May 2016

Tokyo, Japan, May 11, 2016 — Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results for the year ended March 31, 2016.

 

Summary of Consolidated Financial Results

  Year ended March 31, 2016
  Billion Yen % of Net Sales
Net sales 693.3 100.0
   Sales from semiconductors 675.6  
   Sales from others 17.7  
Operating income 103.8 15.0
Ordinary income 102.1 14.7
Net income attributable to shareholders of parent company 86.3 12.4
Capital expenditures 61.8  
Depreciation and others 62.4  
R&D expenses 97.4  
  Yen  
Exchange rate (USD) 121  
Exchange rate (EUR) 133  
  As of March 31, 2016
  Billion Yen
Total assets 849.4
Net assets 381.7
Equity capital 379.5
Equity ratio (%) 44.7
Interest-bearing debt 244.3

Note 1: All figures are rounded to the nearest 100 million yen.

Note 2: Capital expenditures refer to the amount of order placed for property, plant and equipment (manufacturing equipment) and intangible assets.

Note 3: Depreciation and others includes depreciation and amortization of intangible assets and amortization of long-term prepaid expenses in consolidated statements of cash flows.

 

Forward-Looking Statements

The statements in this press release with respect to the plans, strategies and financial outlook of Renesas Electronics and its consolidated subsidiaries (collectively “we”) are forward-looking statements involving risks and uncertainties. We caution you in advance that actual results may differ materially from such forward-looking statements due to several important factors including, but not limited to, general economic conditions in our markets, which are primarily Japan, North America, Asia, and Europe; demand for, and competitive pricing pressure on, products and services in the marketplace; ability to continue to win acceptance of products and services in these highly competitive markets; and fluctuations in currency exchange rates, particularly between the yen and the U.S. dollar. Amongst other factors, downturn of the world economy; deteriorating financial conditions in world markets, or deterioration in domestic and overseas stock markets may cause actual results to differ from the projected results forecast.

 

About Renesas Electronics Corporation

Renesas Electronics Corporation (TSE: 6723) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live. A global leader in microcontrollers, analog, power, and SoC products, Renesas provides comprehensive solutions for a broad range of automotive, industrial, home electronics, office automation, and information communication technology applications that help shape a limitless future. Learn more at renesas.com.


The content in the press release, including, but not limited to, product prices and specifications, is based on the information as of the date indicated on the document, but may be subject to change without prior notice.